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Re: None

Friday, 04/26/2024 9:00:28 AM

Friday, April 26, 2024 9:00:28 AM

Post# of 113612
$SBFM warrants repriced at $1.57 per dilution tracker

I guess the first day post RS was included in the 5 days post RS repricing

So people are missing the big picture here
Since our OS was only 1m whatever the amount of warrants get exercised at $1.57 will simply add cash to companies already strong cash position of $26m and just put them in a very strong position to get to profitability without having to do any more offerings and their cash position alone will price them well above the warrant price.

So I see this as a no 🧠’er hold for Market Correction especially with Q1 just around the corner May 15th !

As for delisting, its just fear mongering by shorts who stand to lose big on a potential squeeze here.

Company will be allowed more time to correct deficiency

Thank You for the cheap shares in advance 😝
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